The National Food Authority (NFA) is selling P1.19 billion worth of aging rice buffer stocks to free up warehouse space and increase its cash flow. In its notice of auction, the grains agency said
CHEAPER RICE A warehouse workers carries two sacks of local rice. —INQUIRER FILE PHOTO
The National Food Authority (NFA) is selling P1.19 billion worth of aging rice buffer stocks to free up warehouse space and increase its cash flow.
In its notice of auction, the grains agency said it is offering 741,570 bags of local milled rice that have been stored for more than six months.
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READ: NFA to auction 741,570 bags of local riceFEATURED STORIES
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